Kevin Wilson
Cut and Run or Stick it out?
Failed BRRRR investment. Purchase price $90K, $60K rehab on a duplex. Currently all cash/not financed. Both units rented for a combined $1700 per month. Not many Duplex comps but probably would sell at about break eve...
Cullen Hardy
Why would someone sell a 100% leased duplex that has Positive CF?
I've always wondered this but why would someone sell a duplex or even a single family home when it is leased with long term tenants and the cash flow is positive?I know maybe some people need the money now but is that...
Mark T Newman
How much should I give away on a Deal?
I got started late, bought my first Single Family two years ago at age 58. I now have four--low cost houses, average about 175 per month after management and reserves, about 11.75% profit. Not getting rich, but don'...
Trent Barga
2nd Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,500
Cash invested: $45,000
SFH was on the market for 121 days and it looked the epicenter of where COVID 19 sta...
Sarah Auriemma
Modest income trying to make the right decision for my family
My husband and I own a SFH- it’s a ranch 2/1 with a 2.75% interest rate. We owe 200,000 on it and have $100,000 available to us via a HELOC. We make a very modest income (about 80,000/year) and have 2 small children. ...
Alec Anderson
Anyone experienced with 500yr flood zones?
I'm looking at a property that has the front half of the house/yard in the 500yr flood zone and the back half is out of the flood zone. The house is on a crawlspace, and so I really don't think the house itself would ...
Ashley Wilson
Why Insurance, Not Interest Rates, Could Be the Real Threat to Multifamily Housing
From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...
Adrian Lee Garza
I don’t want to wait till I have good credit to begin investing..
I have poor credit, and feel like credit is everything when it comes to investing..My dad is now working construction, and had ruined his 401k plan before hand. W/ only 25,000 left. Would I t be wise to ask him to inv...
Gary Surigao
Funding deals via business credit
There is a lot of info out regarding obtaining business credit to fund your business. We're already familiar with the process, as we already have over 100k of business credit for our LLC. We're also familiar with some...
Tammy Wheatley
Out of State investing
Hello All!
First off, in my home state (Illinois) I have a duplex where I house hack the other side. This is my first investment property that I purchased Feb 2022.
I would like to retire to Tennessee in about 10 ye...